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What's to stop the board from firing him and then doing the acquisition to save the money that they would have had to pay him.
by ohyes 10y ago
What's to stop the board from firing him and then doing the acquisition to save the money that they would have had to pay him.
- st3v3r 10y agoIn theory? Not much. In reality? For one, that's a lot of work, especially to screw someone who did a decent job (presumably), who's compensation probably is a drop in the bucket compared to the stock price, and, let's be honest, has a chance to be on your board. The amount of incest in company boards is pretty high. So if you do it to them, there's a chance they'll do it to you.